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shepuryov [24]
3 years ago
12

When the price of wood (which is an input in the production of furniture) falls, the consumer surplus associated with the consum

ption of furniture?
Business
1 answer:
Novosadov [1.4K]3 years ago
8 0
The consumer surplus associated with the consumption of furniture increases. Wood is an input in the production of furniture therefore it constitutes the cost of production, the decrease in the price of wood would therefore mean a decrease in the production cost. A decrease in the cost of production in turn causes a decrease in the buying price of furniture and therefore, consumer surplus increases. 
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How can surveys and questionnaires be used to gather data for informal reports?
zavuch27 [327]

Answer:

<em>Surveys and questionnaires allow you to collect data efficiently and economically from groups of people.</em>

Explanation:

<em>Surveys are research  often used to assess opinions, thoughts, and feelings of people towards a subject area or environment. it can either be limited or specific or they also can have more widespread goal which can be global.</em>

<em>Questionnaires is a set of questions written or printed with answer choices , devised for the purposes of  a statistical study or survey.</em>

6 0
3 years ago
Read 2 more answers
Gloria is a broker for Jan. Jan is not satisfied with Gloria's work, so she fires her by email three months into a six-month ter
Blababa [14]

No, Gloria can not legally continue to work for Jan, because Jan has withdrawn her consent for Gloria to act on her behalf.

<h3>What is meant by consent?</h3>

Consent refers to the parties' mutual comprehension of the terms of the agreement. The contract requires the voluntary assent of both parties. If there are certain mistakes, or if one party attempts to deceive or pressure the other, consent will not be considered voluntary or genuine.

The importance of consent in business-

  • Regardless of how you phrase it, consent helps us be more successful marketers.
  • It makes us "ethical" marketers who recognize that acting morally will increase our chances of success in addition to ensuring that we abide by the law.

The three sorts of consent that an organization may get are as follows:

  1. Explicit Consent: An individual must be given a clear choice regarding whether to agree or object to the collection, use, or disclosure of their personal information in order to give their explicit consent.
  2. Implicit Consent: Implied consent is consent that isn't explicitly given by a person but is instead inferred from their behavior and the specific facts and circumstances surrounding the scenario (or, in certain cases, from their silence or inactivity).
  3. Opt-out Consent: Organizations do not need to get the user's consent before collecting and using their personal data if they have an opt-out consent.

To know more about laws and regulations important for employers, here

brainly.com/question/26463698

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4 0
2 years ago
On November 1, Bahama National Bank lends $3.8 million and accepts a six-month, 6% note receivable. Interest is due at maturity.
babymother [125]

Answer and Explanation:

The journal entries are shown below:

a. Note receivable Dr $3,800,000

        To Cash $3,800,000

(Being the acceptance of the note is recorded)

For recording this we debited the note receivable as it increased the assets and credited the cash as it decreased the liabilities

b. Interest receivable Dr  $38,000

                 To Interest revenue  $38,000

(Being the interest revenue is recorded)

For recording this we debited the interest receivable as it increased the assets and credited the interest revenue as it increased the revenue

The computation is shown below:

= $3,800,000 × 6% × 2 months ÷ 12 months

= $38,000

,

7 0
3 years ago
Jose received $550 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards
vladimir2022 [97]

Answer:

$619.75

Explanation:

This is a problem of future value with compounded interest.

The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

FV = P*(1+\frac{r}{4})^{4n}

For a $550 investment at 4% per year for 3 years, the future value is:

FV = 550*(1+\frac{0.04}{4})^{4*3}\\FV=\$619.75

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.

8 0
3 years ago
If your company does not have a manual that describes all the major product warranties, you should:
bagirrra123 [75]

Answer:

C. Decide on a general, neutral comment you can make if customers ask you about a warranty

Explanation:

The comment might be that each product contain the warranty within the box.

3 0
4 years ago
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